State of the Digital World Industry - Third Quarter Review

The global market for automotive cybersecurity was valued at $3.4 billion in 2024 and is estimated to increase from $3.9 billion in 2025 to reach $8.2 billion by 2030, at a compound annual growth rate (CAGR) of 16.1% from 2025 through 2030.

The global market for smart machines was valued at $400.6 billion in 2024 and is estimated to increase from $455 billion in 2025 to reach $1.2 trillion by 2030, at a CAGR of 20.8% from 2025 through 2030.

The global market for AI in food safety and quality control was valued at $2.7 billion in 2024 and is estimated to increase from $3.6 billion in 2025 to reach $13.7 billion by 2030, at a CAGR of 30.9% from 2025 through 2030.

The global digital ecosystem is undergoing a profound transformation driven by rapid innovation in instrumentation, sensors and information technology. The proliferation of smart devices, autonomous systems and connected infrastructure is driving unprecedented demand for precision sensing, data accuracy and real-time monitoring. Tighter performance standards, advanced analytics integration and the shift toward energy-efficient, miniaturized sensor solutions are reshaping traditional instrumentation markets. Meanwhile, information technology is expanding at scale due to cloud adoption, artificial intelligence (AI) and the need for secure, resilient digital infrastructure. Sustainability imperatives, cybersecurity pressures and the growing reliance on digital twins, edge computing and 5Genabled systems further accelerate these changes.

The instrumentation and sensors sector is expanding, driven by advancements in smart sensor technologies, miniaturization and integration with AI and IoT. These innovations enable real-time monitoring, predictive maintenance and enhanced automation across various industries, including automotive and smart machinery. Automotive applications focus heavily on sensors for battery management, cybersecurity threat detection and advanced driver-assistance systems, while smart machines utilize sophisticated sensors for precision control and efficiency improvements. Growing digitalization and government initiatives promoting Industry 4.0 and smart infrastructure support the sector. The instrumentation and sensors market is a foundational element driving technological transformation and operational excellence worldwide.

Research Review Scope

The report contains insights into the digital world verticals, which broadly cover technology, connectivity and intelligent systems. The digital world domain spans a wide range of topics such as instrumentation and sensors, safety and security, engineering, photonics and information technology. The broad coverage of these domains provides a high-level summary that aims to spark interest among readers while offering insights into market dynamics, emerging opportunities, regulatory frameworks, digital transformation trends and technological advances.

To enhance understanding, the report incorporates analysis across diverse industries that draws on secondary research, uses graphs, charts and infographics (market size, growth rate, deployment levels, shipments and investment flows). These visual insights highlight the transformative impact of digital technologies on the global market outlook.

For readers seeking deeper analysis across these verticals, the report offers a range of syndicated market research reports, custom research reports and data-focused deliverables. This layered coverage caters to a variety of information needs, from strategic decision-making to detailed technical and market evaluations.